Cost of living comparison
Iceland is 57.5% more expensive than Japan.
If you lived in Iceland instead of Japan, you would:
pay 2.2 times more for restaurants
|
Japan
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$6.64
¥752
|
$15.00
kr1,574
|
|
|
Fast food combo meal
McDonalds, or similar
|
$5.32
¥603
|
$12.33
kr1,294
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.08
¥122
|
$2.20
kr231
|
|
| Bottle of water (11 fl. oz) |
$0.86
¥98
|
$2.00
kr210
|
|
pay 22.8% more for groceries
|
Japan
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.56
¥177
|
$3.14
kr330
|
|
| Local cheese (8 oz) |
$7.01
¥794
|
$5.86
kr615
|
|
| Milk (1 gallon) |
$5.26
¥595
|
$5.16
kr542
|
|
|
Eggs
1 dozen
|
$1.71
¥194
|
$5.51
kr578
|
|
| Boneless chicken breast (1 lb) |
$2.95
¥335
|
$7.10
kr745
|
|
| Apples (1 lb) |
$2.66
¥301
|
$1.19
kr125
|
|
| Bananas (1 lb) |
$1.29
¥146
|
$1.08
kr114
|
|
| Oranges (1 lb) |
$2.13
¥242
|
$1.13
kr119
|
|
| Tomatoes (1 lb) |
$2.06
¥234
|
$1.70
kr179
|
|
| Potatoes (1 lb) |
$1.43
¥162
|
$1.01
kr106
|
|
| Onions (1 lb) |
$0.94
¥107
|
$0.66
kr69
|
|
pay 21.7% more for transportation
|
Japan
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.49
¥509
|
$7.21
kr757
|
|
| Monthly public transit pass |
$75.58
¥8,559
|
$85.09
kr8,930
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$21,025.34
¥2,381,141
|
$27,857.83
kr2,923,679
|
|
| Taxi trip in downtown area (5 miles) |
$26.28
¥2,977
|
$21.37
kr2,242
|
|
pay 86.6% more for housing
|
Japan
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$34.37
¥3,892
|
$66.89
kr7,020
|
|
| 1-Bedroom apartment in downtown area |
$640.91
¥72,584
|
$1,349.42
kr141,621
|
|
| 1-Bedroom apartment outside city center |
$410.96
¥46,541
|
$1,143.63
kr120,024
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$112.32
¥12,720
|
$70.86
kr7,437
|
|
pay 43.7% less for childcare
|
Japan
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$315.99
¥35,786
|
$277.52
kr29,126
|
|
| Middle school for 1 child, two semesters |
$11,371.30
¥1,287,812
|
$2,822.44
kr296,215
|
|
pay 71.8% more for entertainment and sports
|
Japan
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.07
¥348
|
$7.85
kr824
|
|
| Cappuccino in mid-range area |
$3.02
¥342
|
$4.10
kr430
|
|
|
Pack of cigarettes
Marlboro or similar
|
$4.06
¥459
|
$11.37
kr1,194
|
|
| Monthly membership at local gym |
$64.25
¥7,276
|
$63.31
kr6,644
|
|
| Movie ticket to theater/cinema |
$13.20
¥1,495
|
$11.69
kr1,227
|
|
pay 2.2 times more for clothing
|
Japan
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$48.57
¥5,501
|
$117.41
kr12,322
|
|
|
Regular dress
from H&M or similar store
|
$30.18
¥3,418
|
$55.13
kr5,786
|
|
|
Running shoes
Nike or Adidas
|
$63.64
¥7,208
|
$156.49
kr16,424
|
|
| Men's business shoes (leather) |
$91.30
¥10,339
|
$191.54
kr20,102
|
|
Change currency:
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Iceland. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.